East Midlands Groundwork, & Drainage Service Contractor

For sale £295,000 - Industrial & Engineering

Drainage services contractor, doing surveys, inspections and cleaning for commercial, industrial and local councils across the East Midlands. Established for more than 20 years they have developed a strong contract base, alongside a good reputation for quality of work and dependability.

The business would be relocatable anywhere across the East Midlands, currently working out of a serviced office and rented yard space. The business employs 4, with a range of skills from admin, jetting, surveys and groundwork. The current owner provides management, leadership and as required support to the work in the field.

Following a change in circumstance the current owner wishes to exit the business hence the sale, they are willing to assist as required to make an effective transition to new ownership.

With the current customer base growing and forward contracts strong, turnover this year will be up by at least 30% on last year, there is the potential to continue this growth through 2017/18. Current turnover is ca £300 K pa with gross margins ca 45%

We believe that this business would suit a current owner/operator or business working in the area looking to dramatically expand their business.

The business is offered with all fixtures and fittings ready to trade, (full list available on viewing) Offers are invited for the company to include all assets and goodwill on a cash free debt free basis.

A full profile is available once a confidentiality & non disclosure agreement has been signed. All arrangements to view are strictly by an appointment through the offices of City Business Brokers and no approaches whatsoever should be made to the owner or the business.

Enquiries to: David Howard City Business Brokers Northampton O: 01604 385040, M: 07794729634, davidh@citybusinessbrokers.co.uk

All above information is provided by the seller. City Business Brokers makes no representation or warranty as to the accuracy of this information.

 

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